Philippines News Agency
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Philippines News Agency

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The Philippines News Agency

The Philippines News Agency (PNA) is a web-based newswire service of the Philippine government. The PNA Headquarters are housed at the 2nd floor of the PIA building along Visayas Avenue, Quezon City. PNA's website address is http://www.pna.gov.ph

It has been 35 years since PNA was launched in an era when newswire operations relied mainly on teletype machines and typewriters. PNA has steadily paced the highly competitive and changing arena of Philippine journalism; it is now slowly but surely coming to par with the challenges posed by the globalization of media communications. This has deeply shaped modern journalism and the news media organizations that have been instrumental in creating the very conditions that made globalization a reality.

PNA has evolved today as an Internet-based news service agency that caters to the global demand for news and information to its subscribers, readers and a host of other clients. PNA's mission is spelled out clearly: to provide the government, the Presidency, the public, as well as its media and non-media clients, both local and foreign based, sober, factual, impartial and objective news and information. PNA provides news 24/7, including photos of major events, feature stories, sports news and events, local and global opinions, general information, as well as global news and feature stories. PNA employs about a hundred journalists and stringers across the country, with several foreign-based correspondents.

PNA beat reporters and stringers are deployed practically in every government office and agency, including the main offices and camps of police and security forces, to provide news 24/7 for local, regional and global subscribers and readers. PNA likewise maintains active news exchanges with news agencies of ASEAN member-countries and the Organization of Asia-Pacific News Agencies (OANA).

Philippines News Agency
www.pna.gov.ph
pnadesk@yahoo.com
+63 352 43 28,
+63 352 43 34,
+63 352 43 35
Latest Press Release
PRRD Graces DOJ 120th founding Anniversary. (PNA)

PRRD Graces DOJ 120th founding Anniversary. (PNA)

PSEi recovers,PHP closes at 51-level vs USD

MANILA -- Philippines’ main stock index ended its three-day slide Wednesday and the peso remained firm after it finished the day at 51-level to a greenback even with continued risk aversion.

The Philippine Stock Exchange index (PSEi) recovered and gained 0.63 percent, or 51.78 points, to 8,221.92 points.

The broader All Shares went up 0.40 percent, or 19.23 points, to 4,851.09 points.

Almost all the sectors followed, with the Industrial leading with an increase of 1.02 percent.

It was followed by the Holding Firms, 0.52 percent; Property, 0.50 percent; Mining and Oil, 0.49 percent; and Financials, 0.40 percent.

Only the Services finished on the red after it shed 0.71 percent.

Volume for the day reached 1.65 billion shares amounting to PHP10.5 billion.

Gainers led losers at 106 to 103 while 39 stocks were unchanged.

The peso closed the trading day at 51.02, slightly down against its 50.935 finish a day ago.

A trader said concerns on the latest US-North Korea conflict continues to impact on the local currency.

The unit opened the day at 50.98 and traded between 50.88 and 51.06, bringing the average to 50.969.

Volume reached USD675.7 million, lower than the USD687.9 million a day ago.

The currency pair is seen to trade between 50.90 and 51.10 Thursday. (PNA)